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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Benami Transactions Informants Reward Scheme, 2018 This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Benami Transactions Informants Reward Scheme, 2018

Is there any possibility of not taking cognizance of the information furnished by an informant?

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Ans. In case it is found that the antecedents of the Informant, the nature of the information furnished by him and his conduct justify not taking cognizance of the information furnished by him, the JCIT/Addl. CIT (BP) may ignore the information furnished by the Informant after recording detailed reasons for doing so.

 

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